Verite Co (TSE:9904) 3-Year RORE % : 63.27% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9904 Verite Co Ltd TSE:9904
72 GF Score
Price 円242.00
GF Value 円473.48
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Verite Co 3-Year RORE %?

Verite Co TSE:9904 +0.41% 72 3-Year RORE % is 63.27 as of Mar. 2026. GuruFocus rates TSE:9904 with a GF Score™ of 72/100 and a GF Value™ of 円473.48 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,050 Retail - Cyclical companies, Verite Co ranks better than 83.81% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Verite Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was 63.27%.

The industry rank for Verite Co's 3-Year RORE % or its related term are showing as below:

TSE:9904's 3-Year RORE % is ranked better than
83.81% of 1050 companies
in the Retail - Cyclical industry
Industry Median: 5.37 vs TSE:9904: 63.27

Verite Co  (TSE:9904) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Verite Co 3-Year RORE % Related Terms


Verite Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Verite Co's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Verite Co 3-Year RORE % Chart

Verite Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4.66 -6.68 8,732.76 63.27

Verite Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,732.76 115.84 313.98 65.38 63.27

TSE:9904 vs TPR: 3-Year RORE % Comparison

For the Luxury Goods subindustry, Verite Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Verite Co 3-Year RORE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Verite Co's 3-Year RORE % falls into.


TSE:9904
72GF Score
Verite Co Ltd TSE:9904
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verite Co 3-Year RORE % Calculation

Verite Co's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 11.867-18.501 )/( 39.845-50.33 )
=-6.634/-10.485
=63.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 63.27 mean?
Verite Co (TSE:9904) has a 3-Year RORE % of 63.27 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Verite Co and its competitors. According to the industry distribution chart, Verite Co ranks #170 out of 1050 companies in the Retail - Cyclical industry, placing it in the top 16.2%.
Is Verite Co's 3-Year RORE % too high?
Verite Co's current 3-Year RORE % is 63.27. The Retail - Cyclical industry median 3-Year RORE % is 5.37. Verite Co's value of 63.27 is 1078.2% above this industry median. Based on the distribution chart, Verite Co ranks #170 out of 1050 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Verite Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's 3-Year RORE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Verite Co ranks #170 out of 1050 companies for 3-Year RORE %. This places Verite Co in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 5.37. Verite Co's value of 63.27 is 1078.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Retail - Cyclical company?
The median 3-Year RORE % among Retail - Cyclical companies is 5.37, based on 1,050 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Verite Co's current 3-Year RORE % of 63.27 is 1078.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Verite Co and its competitors. For the Retail - Cyclical industry, the median 3-Year RORE % is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verite Co's current 3-Year RORE % is 63.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円473.48, compared to a current price of 円242.00 — trading 48.9% below its estimated fair value. The current 3-Year RORE % is 63.27 and 1078.2% above the Retail - Cyclical industry median of 5.37. Verite Co's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Verite Co (TSE:9904), the current 3-Year RORE % is 63.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Verite Co (TSE:9904) Overvalued in 2026?

Based on GuruFocus' analysis, Verite Co stock appears to be undervalued. The current stock price of 円242.00 is trading 48.9% below its estimated GF Value™ of 円473.48. GuruFocus considers Verite Co to be Significantly Undervalued.

Key valuation signals for TSE:9904:

  • 3-Year RORE %: 63.27
  • GF Value™: 円473.48 vs. price of 円242.00 (48.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 1078.2% above the Retail - Cyclical median (#170 of 1050)

No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Verite Co Business Description

Address 3-33-8 Tsuruyacho, Kanagawa-ku, Yokohama, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
72GF Score

Get the complete analysis for TSE:9904

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円242.00
Price
円473.48
GF Value